According to empirical studies, a statistically significant factor for German exports success is high cost (or price) competitiveness. Studies by Deutsche Bundesbank recommend correcting the nominal effective exchange rate by broad cost (or price) indicators (Deutsche Bundesbank, 1998, 2016a)....

Hajo Riese introduced the concept of market constellations to analyse the changing macroeconomic effects of German monetary policy from the 1950s to the 1980s, when monetary policy, focused on internal and external price stability in Germany, enabled continued net export surpluses. Yet changing...

The effects of government R&D subsidies can vary across recipient firms, depending on the various characteristics of a firm, potentially including the firm's accounting information quality (AIQ). It has been well recognized that high AIQ helps to reduce information asymmetry between investors...

In the process of operation, firms will face different types of performance pressure. The inconsistency among multiple performance pressure signals has an important impact on resource allocation and R&D investment. However, at present, studies on the impact of multiple performance pressures on...

In this research, we studied the relation of research and development (R&D) investment to turnover and number of listed companies by using the financial information of publicly listed enterprises in all industrial fields of the world from 2007 to 2015. First of all, the present condition (as of...

Research has documented the stimulating effect of R&D tax credits on R&D expenditure when enacting an R&D tax credit or raising the credit rate. However, the potential adverse effects and consequences of reducing R&D tax incentives remain unexamined. Using a cut in R&D tax incentives in Taiwan,...

Based on the data of Chinese listed family firms from 2008 to 2016, we investigate the impact of family involvement on firm innovation and the moderating effect of family member composition. The results show that increased family involvement significantly reduces R&D investment intensity and the...

In the environment where the traditional energy industry is declining and the new energy industry is developing rapidly, we collected the data from 98 new energy companies listed in China's Shanghai and Shenzhen stock markets from 2012 to 2016 to conduct an empirical study to understand the...

We examine the inter-relationships among employee-friendly policies (EFP), innovation through R&D investment, and firm value. We hypothesize that firms with higher levels of innovation and entrepreneurial spirit are more likely to utilize EFP. Furthermore, we speculate that the value-EFP...

This paper explores the interrelationship between R&D investment, financial leverage, and a firm's R&D innovation success. Using a sample of UK and EU firms, we predict that changes in one-year-ahead R&D investment are negatively associated with changes in financial leverage in the current...